Yokogawa Electric (TSE:6841) Cyclically Adjusted Book per Share: 円1,411.94 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6841 Yokogawa Electric Corp TSE:6841
90 GF Score
Price 円5,707.00
GF Value 円4,033.36
Valuation Significantly Overvalued
View Full Analysis

What is Yokogawa Electric Cyclically Adjusted Book per Share?

Yokogawa Electric TSE:6841 +4.37% 90 Cyclically Adjusted Book per Share is 円1,411.94 as of Mar. 2026. GuruFocus rates TSE:6841 with a GF Score™ of 90/100 and a GF Value™ of 円4,033.36 (Significantly Overvalued).

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Yokogawa Electric's adjusted book value per share for the three months ended in Mar. 2026 was 円2,042.258. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円1,411.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Yokogawa Electric's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Yokogawa Electric was 10.70% per year. The lowest was 4.10% per year. And the median was 7.50% per year.

As of today (2026-07-22), Yokogawa Electric's current stock price is 円5707.00. Yokogawa Electric's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,411.94. Yokogawa Electric's Cyclically Adjusted PB Ratio of today is 4.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yokogawa Electric was 4.49. The lowest was 1.13. And the median was 2.49.


Yokogawa Electric  (TSE:6841) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Yokogawa Electric's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5707.00/1411.94
=4.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yokogawa Electric was 4.49. The lowest was 1.13. And the median was 2.49.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Yokogawa Electric Cyclically Adjusted Book per Share Related Terms


Yokogawa Electric Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Yokogawa Electric's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Yokogawa Electric Cyclically Adjusted Book per Share Chart

Yokogawa Electric Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 960.30 1,061.74 1,172.61 1,304.23 1,411.94

Yokogawa Electric Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,304.23 1,332.00 1,356.96 1,391.45 1,411.94

TSE:6841 vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Yokogawa Electric's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Yokogawa Electric Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yokogawa Electric's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yokogawa Electric's Cyclically Adjusted PB Ratio falls into.


TSE:6841
90GF Score
Yokogawa Electric Corp TSE:6841
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yokogawa Electric Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Yokogawa Electric's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2042.258/112.7000*112.7000
=2,042.258

Current CPI (Mar. 2026) = 112.7000.

Yokogawa Electric Quarterly Data

Book Value per Share CPI Adj_Book
201606 879.823 98.100 1,010.765
201609 904.732 98.000 1,040.442
201612 975.130 98.400 1,116.841
201703 959.534 98.100 1,102.339
201706 968.654 98.500 1,108.298
201709 1,005.898 98.800 1,147.416
201712 995.457 99.400 1,128.652
201803 1,017.509 99.200 1,155.980
201806 1,015.399 99.200 1,153.583
201809 1,051.544 99.900 1,186.276
201812 1,041.927 99.700 1,177.785
201903 1,085.878 99.700 1,227.467
201906 1,059.827 99.800 1,196.819
201909 1,079.851 100.100 1,215.776
201912 1,091.952 100.500 1,224.507
202003 1,071.070 100.300 1,203.485
202006 1,070.905 99.900 1,208.118
202009 1,095.806 99.900 1,236.210
202012 1,112.417 99.300 1,262.532
202103 1,155.058 99.900 1,303.053
202106 1,154.027 99.500 1,307.124
202109 1,182.255 100.100 1,331.070
202112 1,197.780 100.100 1,348.550
202203 1,249.649 101.100 1,393.031
202206 1,297.466 101.800 1,436.389
202209 1,349.843 103.100 1,475.532
202212 1,328.564 104.100 1,438.320
202303 1,422.189 104.400 1,535.256
202306 1,548.983 105.200 1,659.414
202309 1,585.046 106.200 1,682.059
202312 1,595.416 106.800 1,683.552
202403 1,678.414 107.200 1,764.527
202406 1,738.436 108.200 1,810.737
202409 1,710.499 108.900 1,770.186
202412 1,801.915 110.700 1,834.470
202503 1,807.374 111.100 1,833.403
202506 1,817.323 111.700 1,833.593
202509 1,900.742 112.000 1,912.622
202512 1,984.460 113.000 1,979.192
202603 2,042.258 112.700 2,042.258

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of 円1,411.94 mean?
Yokogawa Electric (TSE:6841) has a Cyclically Adjusted Book per Share of 円1,411.94 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Yokogawa Electric and its competitors.
Is Yokogawa Electric's Cyclically Adjusted Book per Share too high?
Yokogawa Electric's current Cyclically Adjusted Book per Share is 円1,411.94. Overall, Yokogawa Electric has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yokogawa Electric's Cyclically Adjusted Book per Share compare to GEV and ETN?
Yokogawa Electric's Cyclically Adjusted Book per Share of 円1,411.94 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Yokogawa Electric and its competitors. Yokogawa Electric's current Cyclically Adjusted Book per Share is 円1,411.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yokogawa Electric stock overvalued right now?
Based on GuruFocus' analysis, Yokogawa Electric (TSE:6841) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,033.36, compared to a current price of 円5,707.00 — trading 41.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,411.94. Yokogawa Electric's overall GF Score™ is 90/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Yokogawa Electric (TSE:6841), the current Cyclically Adjusted Book per Share is 円1,411.94 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Yokogawa Electric (TSE:6841) Overvalued in 2026?

Based on GuruFocus' analysis, Yokogawa Electric stock appears to be overvalued. The current stock price of 円5,707.00 is trading 41.5% above its estimated GF Value™ of 円4,033.36. GuruFocus considers Yokogawa Electric to be Significantly Overvalued.

Key valuation signals for TSE:6841:

  • Cyclically Adjusted Book per Share: 円1,411.94
  • GF Value™: 円4,033.36 vs. price of 円5,707.00 (41.5% above fair value)
  • GF Score™: 90/100

No single metric tells the full story. See the TSE:6841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yokogawa Electric Business Description

Address 2-9-32 Nakamachi, Musashino-shi, Tokyo, JPN, 180-8750
Yokogawa Electric Corporation is a Japanese electrical engineering and software company. The company operates through three segments: Control, Measuring Instruments, and New Business etc. The Control segment offers sensors, analyzers, production control systems, software, and related services. The Measuring Instruments segment provides waveform, optical communication, signal, and various measuring devices. The New Business, etc. segment focuses on IoT- and AI-based services as well as biomass material operations. The company generates the majority of its revenue from the Control segment.
90GF Score

Get the complete analysis for TSE:6841

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円5,707.00
Price
円4,033.36
GF Value